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May 24, 2012News for the retail industry

  Top Story 
 
How can you quantify the hidden impact of mobile on purchases, purchase intent, loyalty and retention?
Now you can do a better job of managing your mobile initiatives and maximizing mobile’s ROI with ForeSee Satisfaction Analytics for Mobile. Learn more at foresee.com …
  Industry Watch 
  • American Eagle to balance store mix
    American Eagle Outfitters plans to open new outlet stores and close underperforming locations, including a significant number of Aerie stores, as it works to rightsize the retail mix, CEO Robert Hanson said Wednesday. The company, which operates 911 namesake stores and 158 Aerie locations, said recently it will shutter all 22 of its 77kids stores. Women's Wear Daily (subscription required) (5/23) LinkedInFacebookTwitterEmail this Story
  • Macy's flagship to debut "stealth" Starbucks
    Starbucks plans to open a coffee shop at Macy's Herald Square flagship in New York City, but the shop won't boast the Starbucks brand. The Herald Square Cafe will feature an upscale menu of wine, Champagne and chocolate, as well as exotic coffees from the Starbucks Reserve line. The Huffington Post (5/23) LinkedInFacebookTwitterEmail this Story
  • Other News
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Retail Trends 
 
  • Running shoes do double-duty as fashion statements
    Sales of high-end running shoes, such as a $100 hot-pink version from Nike, hit $6.46 billion in the 12 months ended March 31, a 14% jump driven largely by consumers' craving for footwear that is pretty as well as practical, says NPD Group's Marshal Cohen. “We’ve seen the running-shoe business become a fashion business, as well as a comfort and innovation business." Bloomberg Businessweek (5/23) LinkedInFacebookTwitterEmail this Story
  • How shoppers choose a supermarket
    Consumers choose their favorite grocery stores for different reasons including convenience, price and selection. Ratings of several chains in a recent survey from Market Force Information offers insight into the strengths of chains including ALDI, ShopRite, Giant and Publix. Time.com (5/23) LinkedInFacebookTwitterEmail this Story
A Retailer's Guide to 'Demand-Driven' (+Gartner Research)
Consumers today have access to endless input and decide in moments. Discover how the demand-driven supply chain responds quickly to changing consumer preferences and supports demand shaping, while pre-emptively positioning inventory. This has far-reaching impacts on the enterprise and supplier community, not to mention the top and bottom line.

  Retail Technology 
 
  • Target teams with shopkick to offer rewards
    Target is the latest retailer to offer rewards to shoppers using the shopkick mobile application, the company said Wednesday. Macy's, Best Buy and Old Navy and other retailers already use the 18-month-old app, which automatically rewards users with "kicks" that can be redeemed for gift cards and other prizes. CNBC/The Associated Press (5/23) LinkedInFacebookTwitterEmail this Story
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  Policy & Government Affairs 
 
  • State lawmakers get louder in call for sales tax fairness
    State lawmakers and tax officials have ramped up their efforts to convince Congress to pass bills to let states require online retailers to collect sales tax, a 12-year-old initiative that's grown strong along with the rise in online retail. "Congress is naming winners and losers by its failure to address this issue, and the brick-and-mortar retailers who create jobs across our country want action on this issue now," said NRF President and CEO Matthew Shay. Bloomberg Government (subscription required) (5/23) LinkedInFacebookTwitterEmail this Story
  • Federal budget cuts could eliminate key data source
    Congress might cut funding for the Census Bureau’s American Community Survey, a key source of economic and demographic data on 2 million U.S. households, which retailers depend on to give them greater insight and context when interpreting their own customer data. "Without it, it really reduces our understanding at the national, state and local level," said NRF chief economist Jack Kleinhenz. StorefrontBacktalk (5/23) LinkedInFacebookTwitterEmail this Story
  • Other News
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  NRF News 
  • Graduation spending expected to reach $4.7 billion this year
    With average spending on graduation rising this year, it seems parents and relatives are all the more eager to show their appreciation for graduates' hard work and prepare them for the opportunities and challenges ahead. NRF's Graduation Survey conducted by BIGinsight found that consumers are opening their hearts and wallets a little bit more to commemorate the momentous occasion, with total spending expected to reach $4.7 billion on apparel, electronics, and more. Read more. Retail's BIG Blog (5/24) LinkedInFacebookTwitterEmail this Story
 
  • Report: Tablets continue to drive e-commerce sales
    Shop.org's 2012 State of Retailing Online report has found that tablet device shopping and purchases are becoming more lucrative than Web sales generated from laptops or desktops, with 49% of retailers saying their average order value from tablets is now higher than traditional Web sales. The recently released report also examines retailers' tactics for utilizing e-mail, search and QR code technology to elevate their brands, and what retailers are learning from consumers' mobile behaviors. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • McDonald's Channel adds mobile gaming
    The McDonald's Channel has partnered with Meteor Group to develop a mobile game aimed at making the out-of-home network more interactive. McDonald's debuted the channel in California restaurants last fall, with a lineup of local news, feature stories and advertising, along with plans to add interactive Web and mobile components. QSRWeb.com (5/23) LinkedInFacebookTwitterEmail this Story
  • Pizza Patron's promo rewards ordering in Spanish
    Dallas-based chain Pizza Patron will run a one-day promotion June 5 that involves giving away pizza to those who order in Spanish. The promotion has its critics, including some marketers. "As an advertising agency, I would never recommend this to my client," said Marcela Gomez, president of Hispanic Marketing Group. But Pizza Patron brand director Andrew Gamm says it will help the chain bond with the Hispanic community and build buzz. USA TODAY (5/22) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Marketing Manager/Media BuyerWest MarineWatsonville, CA
Vice President of Marketing and CreativeWisteriaDallas, TX
Senior Director/Director of Store Operations & Customer ServiceBevMo!Concord, CA
Assistant Vice President, Allocation dressbarnSuffern/border line Mahwah, NJ , NY
BuyerFive Below, Inc.Philadelphia, PA
Associate BuyerFive Below, Inc.Philadelphia, PA
Real Estate ManagerShopkoGreen Bay, WI
Divisional Private Brand Manager--Consumables/HBA ShopkoGreen Bay, WI, WI
BuyerBed, Bath & BeyondUnion, NJ
Senior MerchantGolfsmith InternationalAustin, TX
Vice President Planning and AllocationGolfsmith InternationalAustin, TX
Merchant – Softlines Golfsmith InternationalAustin, TX
Merchandise Buyer - Multiple CategoriesKohl's Department StoresMilwaukee/Menomonee Falls, WI
Cosmetics Buyer (Experience Required)Kohl's Department StoresMilwaukee, WI
Merchandise PlannerKohl's Department StoresMenomonee Falls, WI
Merchandise PlannerBurlington Coat FactoryBurlington, NJ
Retail Operations ManagerGirl Scouts of Eastern MassachusettsWaltham, MA
Senior DBA - SQL Server - Oracle ShopkoGreen Bay, WI
Senior Vice President, Human ResourcesTotal Wine & MorePotomac, MD
Direct Marketing Campaign Developer ShopkoGreen Bay, WI
Circulation and Marketing Analyst ShopkoGreen Bay, WI
Senior Director of Quality and Product SafetyWalmartShenzhen, China
Selling Manager - Palm Beach, FLSaks Fifth AvenuePalm Beach, FL
Vice President Real EstateSpencer GiftsEgg Harbor Township, NJ
Digital/Shopper Planning DirectorTracyLockeWilton, CT
Click here to view more job listings.

  SmartQuote 
Most people ... discover when it is too late that the only things one never regrets are one's mistakes."
--Oscar Wilde,
Irish writer


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